A blog on issues affecting Australia's newsagents, media and small business generally.

Entries Tagged as 'How is business?'

I have been doing some work with newsagents recently on labour cost and comparing revenue per employee to gauge the roster efficiency, or otherwise, of a newsagency. Revenue per employee is a good metric to compare as long as you agree on some common rules. For example, I don’t include hours or revenue for non […]

I met with a newsagent in Sydney tonight to talk about challenges faced by the business. Answers for the key challenges are in their business data. The biggest challenge is understanding that and then leveraging the data to guide a solution. The newsagent is relatively new to our channel – less than a year. They […]

The New Zealand Herald has an interesting story today about challenges facing women’s weekly magazines. While a good read about factors in the decline of the weekly in New Zealand, the article misses two key points – celebrities controlling more of their story thorugh their own blogs, Twitter feeds and the like and the thousands […]

We have experienced a tough May at Forest Hill with overall newsagency traffic down 14%. While the landlord will not share centre figures, we expect that our traffic result is not different to other retailers. All key departments are down except for Books up 39%, Calendars up 100% (at $300), Diaries up 122% (at $900) […]

How’s business? This is a question often asked between newsagents. I have created a new category on this blog for irregular posts I’ll make about month to date to year to date business performance. This will hopefully open more conversations between newsagents about how they are trading. To the close of business last night, March […]